VoxEU Column

A green industrial revolution is coming

Pressing social and environmental concerns are leading many to question the usefulness of economic growth. This column argues that there is nothing intrinsic in the concept of growth that makes it incompatible with environmental protection. Growth and technological progress are two sides of the same coin. The green transition can contribute to the creation of ‘good jobs’ that are less prone to geographical concentration, dehumanising repetitive tasks, and automation or delocalisation. It can usher in prosperity for the combined benefit of people and planet.

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